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IPFS News Link • American History

Forgotten History Lesson: America Is the Same 'Ol Oligarchy It Was over a Century Ago

• Aaron & Melissa Dykes

When Americans see charts like this one which illustrate that virtually all the food on grocery store shelves basically comes from no more than 10 megacompanies, or hear statements like this one from our own Attorney General Eric Holder who told the Senate Judiciary Committee that some banks are just too big to prosecute, or check out studies like this one out of Princeton which openly declare we are not a democracy but an oligarchy…it's kinda hard to believe we aren't an oligarchy (because we are).

Come on, even our Federal Reserve Chair Janet Yellen (you know, the lady that runs the place that prints our money and sells it to us with interest) has basically admitted it.

But are things really getting worse these days or is this just par for the course — the same course we've been on for over a century now?

Tinkering around in an old bookstore in a small Texas town, we came across a set of old books on democracy; we got the first seven volumes of a set entitled, "The March of Democracy: A History of the United States" written by James Truslow Adams — the guy who coined the term "The American Dream" — for a mere $20.